Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$13,595,000
Hospitals
605 Holderrieth Blvd Tomball, TX 77375-6445
Entity Owned
9-yr Hold
Free & Clear
Property ID
US82-5663974
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1987
Construction
STEEL & CONCRETE
Total area
116,014 SF
Lot
27.71 ac (1,207,261 SF)
APN
1174370030003
UPID
US82-5663974
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Emergency Room at HCA Houston Tomball Hospital
-
Sirisha Parvataneni Geriatric Care Provider
-
Muhammad Shaikh Physician
-
Han Pham Pham Hulen Physician
-
Nadeau Rebecca L Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.01M
Blend (final)
Blend
$13.60M
Owner & transaction history
North Houston-trmc LLC · 9 yrs held
North Houston-trmc LLC
since 2017
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$14.4M
+76.9%
Restaurant
$10.6M
+30.9%
Retail stores
$8.3M
+2.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tomball submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tomball submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$14,355,000
Change: +77% · Conversion: Easy
RESTAURANT
$10,625,000
Change: +31% · Conversion: Difficult
RETAIL STORES
$8,325,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$13.60M
Range $12.24M – $14.95M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$117 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$1,340,176
Tax year 2022
Assessed value
$134,014,333
Assessed 2024
Previous assessed
$130,643,183
+2.6% YoY
Effective rate
1.00%
On assessed value
Assessed land
$7,243,566
Assessed improvement
$126,770,767
Land market value
$7,243,566
Improvement market value
$126,770,767
Total market value
$134,014,333
Applied tax rate
26.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1987
Construction
STEEL & CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
7
Stories
4
Total area
116,014 SF
Lot
27.71 ac (1,207,261 SF)
APN
1174370030003
UPID
US82-5663974
Jurisdiction
HARRIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$14.4M
RESTAURANT
Est. value
$10.6M
RETAIL STORES
Est. value
$8.3M
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Construction
STEEL & CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
7
Lot
27.71 ac
Current owner
From public records · entity-resolved
North Houston-trmc LLC
Entity
Free & Clear · 9 yrs held
Mailing address
PO BOX 80610, INDIANAPOLIS, IN 46280-0610
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2017
—
North Houston-trmc LLC
Tomball Texas Hospital Co LLC
Grant Deed
related
—
Dec 9, 2014
—
Tomball Texas Hospital Co LLC
—
Loan Modification
related
—
Dec 11, 2012
—
Tomball Texas Hospital Co LLC
—
Loan Modification
related
$1,600,000,000 · Credit Suisse Ag
Oct 4, 2011
—
Tomball Texas Hospital Co LLC
Tomball Hosp Authority Condo A
Quit Claim Deed
related
—
—
—
Tomball Hospital Authority
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 605 Holderrieth Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
